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The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed by small-and-medium sized enterprises (SMEs) in an effort to accelerate the recovery of their businesses, a government official said. Director...
#banks#crisis#regulation
Since the beginning of the year up to the end of September, 164 foreign entities announced, or actually carried out…
#crisis#investment#investments
The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…
#bank#bank loan#crisis
According to a survey by the research company Konsensus, small- and medium-sized enterprises (SMEs) are losing hope over the economic…
#crisis#economic recovery#economy
Following the 1994-95 peso crisis, factoring firms (empresas de factoraje financiero) struggled to restructure their own debt and faced portfolios…
#banks#crisis#non-recourse factoring
Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group…
#banks#crisis#i
The chairman of the Knesset Finance Committee Subcommittee for Examining the Effects of the Financial Crisis on Small Businesses, MK…
#bank#banks#crisis
Small- and medium-sized enterprises (SMEs) have proven resistant and less vulnerable to the shocks of the economic and financial crisis.…
#crisis#economy#smes
According to a report prepared by the Turkey Construction Industrialists Employers Syndicate (INTES), the countries that attract the most FDI…
China's reform programme to cut tax rebates for exports seems to have temporarily hit an impasse, partially due to a…
#crisis#exporters#exports
UK businesses continued to show an increase in the number of negative warnings during the first quarter of 2003, as…
#crisis#economy#i
The Kanara Small Industries Association (KSIA) has asked the Karnataka Government to take steps to provide adequate Budgetary support for…
#Clear#conference#crisis
Analysis of the Factors Chain International (FCI) figures on global factoring turnover by market in 2001 has shown that Europe…
#crisis#factoring industry#global factoring